Frasers Group Share News (FRAS)

IN BRIEF: Frasers launches new buyback for up to GBP80 million

Frasers Group PLC - Shirebrook, England-based owner of the House of Fraser, Sports Direct and Flannels retail chains - Announces intention to commence new share buyback programme with Deutsche Numis, from Monday up to and including the last trading day before its financial year ends on April 28. Says it will repurchase a maximum of 10.0 million shares, for a total purchase price no greater than GBP80.0 million.

LONDON BRIEFING: Tritax Big Box, UK Commercial Property agree merger

(Alliance News) - Equities in London are called to open higher on Monday, with inflation readings from the US and UK on the horizon, which could drive equity market sentiment during the remainder of the week.

Frasers Group to start £80m share buyback

(Sharecast News) - Fraser's Group on Monday said it would start an £80m share buyback up to April 28.

LONDON MARKET OPEN: BP jumps after unveiling share buyback

(Alliance News) - The FTSE 100 in London opened higher on Tuesday, with oil major BP at the top of the index, thanks to its new share buyback programme.

Sports Direct owner Frasers Group snaps up WIT Fitness

(Alliance News) - Frasers Group PLC has bought sports performance brand WIT Fitness as it continues its investment spree.

Frasers lifts stake in Boohoo to over 20%

(Sharecast News) - Mike Ashley's Frasers Group lifted its stake in Boohoo again on Thursday, to more than 20%.

IN BRIEF: Frasers raises stake in online rival boohoo to 21%

boohoo Group PLC - Manchester-based online fashion retailer - Frasers Group PLC raises its share holding in boohoo to 21.5% as of Wednesday from 17.2%. Frasers is the Shirebrook, England-based owner of the House of Fraser, Sports Direct and Flannels retail chains. Its holding in its smaller peer first passed the disclosure threshold of 5% in June last year, and it has increased this steadily since. Frasers, founded and still controlled by Mike Ashley, also has stakes in retailers AO World PLC at 23.1%, Asos PLC at 25.0%, and Currys PLC at 11.2%.

LONDON BROKER RATINGS: Exane BNP cuts BAE; Liberum lifts Naked Wines

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

LONDON MARKET CLOSE: Stocks slump as Fed rate cut hope dwindles

(Alliance News) - European equities slumped on Wednesday, as interest rate expectations, on both sides of the Atlantic, were re-assessed on the back of some hawkish rhetoric and hotter inflation data.

LONDON MARKET CLOSE: FTSE 100 closes lower as Wall Street retreats

(Alliance News) - The FTSE 100 in London closed in the red on Tuesday, after Wall Street's tech rally lost steam, with investors nervously awaiting this week's US inflation print.

LONDON MARKET OPEN: FTSE 100 flat; Hays, Jupiter Fund weigh on 250

(Alliance News) - Stock prices in London opened lower on Tuesday, as optimism following a tech rally on Wall Street failed to offset some downbeat UK data.

FTSE 100 rebounds as Next outweighs slump in JD Sports

Next shines on profit forecast hike

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London close: Stocks rise as US jobless claims slow

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

LONDON MARKET CLOSE: Stocks start week higher as 2024 draws to close

(Alliance News) - Equities in London kicked off an abbreviated trading week with gains on Wednesday, on continued US interest rate optimism at the end of 2024.

LONDON MARKET CLOSE: Investors feel icy ahead of US inflation data

(Alliance News) - Stock prices in London closed slightly higher on Friday, as fears over a recession in the UK dampened the festive spirit.